89R22549 KFF-D     By: Hughes S.B. No. 3042       A BILL TO BE ENTITLED   AN ACT   relating to the resumption of employment by certain retirees under   the Texas Municipal Retirement System.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 852.108, Government Code, is amended by   amending Subsections (e) and (f) and adding Subsection (e-1) to   read as follows:          (e)  After termination of employment with the reemploying   municipality and after filing of an application for resumption of   retirement with the board of trustees, a person described by   Subsection (c) is entitled to receive:                (1)  future payments of the suspended annuity, as   provided by:                      (A)  Subsection (e-1); or                      (B)  Subsection (f);[,] and                (2)  if subject to Subsection (f), [to the] additional   benefits as provided by Subsections (g), (h), (i), and (j).          (e-1)  A person described by Subsection (c) who becomes an   employee of the person's reemploying municipality at any time   during the 120 consecutive days after the effective date of the   person's initial retirement from the reemploying municipality may   elect, in the manner and form prescribed by the board of trustees,   to restore to effect the person's membership, including any prior   service credit, special prior service credit, antecedent service   credit, or updated service credit used in determining the amount of   the person's annuity at the time of the initial retirement. If the   person subsequently retires from the reemploying municipality, the   retirement system shall:                (1)  allow the person credit for all current service   for which required contributions have been made and not withdrawn   or distributed;                 (2)  recompute the person's annuity based on service   before and after the initial retirement, provided the annuity is   actuarially reduced to reflect the value of benefits received by   the person before the person resumed employment with the   reemploying municipality; and                (3)  resume monthly payments of the recomputed annuity   effective beginning with the month following the month in which   employment is terminated with the reemploying municipality.          (f)  Monthly payments of an annuity suspended under   Subsection (c) other than an annuity subject to Subsection (e-1)   shall resume effective beginning with the month following the month   in which employment is terminated with the reemploying   municipality, without change in the amount except for any increase   allowed under Section 854.203 or the duration of or another   condition pertaining to the suspended benefit. Except as provided   by Subsection (j), payment of the resumed benefit may not be made   for any month during which the payment was suspended under this   section.          SECTION 2.  Section 852.108, Government Code, as amended by   this Act, applies to a retiree of the Texas Municipal Retirement   System regardless of whether the person retired from employment   before, on, or after the effective date of this Act.          SECTION 3.  This Act takes effect September 1, 2025.